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Natural Gas Futures Sink as Warm Weather Outlook Overpowers Bullish Storage Data

December 12, 2025 3:03 pm
Key Moments Front-month U.S. natural gas futures fall more than $1 over the week as warmer December weather projections erode heating demand expectations. Market participants largely ignore a larger-than-expected -177 Bcf storage withdrawal, focusing instead on robust supply and mild conditions. December 16–25 forecasts shift to an “exceptionally warmer” pattern, abruptly dragging down anticipated heating […] Read more

Silver Bulls Lean Into Pullbacks as Prices Drive Toward $65

December 12, 2025 2:48 pm
Key Moments Silver is trading with high volatility and is pushing toward the $65 level. Upside momentum remains intact. Traders continue to treat short-term declines as buying opportunities. Support zones appear around $62.50 and $60. A recent flag breakout suggests a possible extension toward $68. However, concerns remain after the sharp reversal from $54. Market […] Read more

Russian Energy Tax Take Set for Sharp December Slump

December 12, 2025 11:05 am
Key Moments Russia’s oil and gas budget revenue is projected at 410 billion roubles in December. This is almost half the level recorded a year earlier. Full-year oil and gas revenue is expected to reach 8.44 trillion roubles. This is nearly a quarter below the prior year and below the Finance Ministry’s 8.65 trillion rouble […] Read more

Crude Oil Edges Higher as Venezuela Sanctions Enforcement Raises Supply Fears

December 12, 2025 10:12 am
Key Moments Brent February futures traded at $61.40 per barrel and WTI at $57.69 per barrel, both up 0.2% after the prior session’s sharp declines. Oil benchmarks remained on track to lose more than 3% for the week, following a 1.5% drop on Thursday to their lowest levels in over seven weeks. A reported U.S. […] Read more

Spot Gold surges to highs not seen since October 21

December 12, 2025 8:14 am
Spot Gold extended gains to a fresh 7 1/2-week high of $4,293.09/oz. on Friday, underpinned by expectations of further policy easing by the Federal Reserve. New signs of US labor market softness only added to prospects of two Fed interest rate cuts next year. US initial jobless claims rose by 44,000 to 236,000 during the […] Read more

IEA Sees Tighter-Than-Expected Oil Market Surplus in 2026

December 11, 2025 10:51 am
Key Moments The International Energy Agency raised its global oil demand outlook for 2025 and 2026 while lowering its supply growth projections. World oil supply declined by 610,000 b/d in November, with OPEC+ responsible for more than three-quarters of the drop. The IEA now estimates a 3.815 million b/d supply surplus in 2026, still a […] Read more